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ACQUISTION AND DIVESTITURES (Tables) | 9 Months Ended
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Sep. 30, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract] |
Schedule of Fair Value of the Assets and Liabilities Acquired | The following table sets forth the preliminary fair value of the assets acquired and liabilities assumed as of the acquisition date. Certain data and assessments necessary to complete the purchase price allocation are still under evaluation, including, but not limited to, the valuation of property, plant and equipment and intangible assets. The Company will finalize the purchase price allocation during the twelve-month period following the acquisition date, during which time the value of the assets and liabilities may be revised as appropriate.
Moonrise Preliminary Purchase Price Allocation (in thousands): |  |
Total consideration paid for Moonrise (1) |  | $ | 89,771 |
Recognized amounts of identifiable assets acquired and liabilities assumed: |  |
Cash |  | 1,879 |
Accounts receivable |  | 3,482 |
Other current assets |  | 204 |
Property, plant and equipment, net |  | 74,496 |
Intangibles |  | 12,798 |
Other assets |  | 758 |
Trade accounts payable, accrued expenses and other |  | (3,846) |
Net assets acquired and liabilities assumed |  | $ | 89,771 |
(1) Purchase price consideration includes $17.9 million of equity consideration (462,265 shares valued at $38.71 per share on March 10, 2025) as well as $1.9 million of cash acquired.
Schedule of Pro Forma Information | Pro Forma Information (Unaudited). The following table summarizes the unaudited pro forma condensed financial information of the Company as if the Moonrise Acquisition and Tall Oak Acquisition had occurred on January 1, 2024:
| Nine Months Ended September 30,
| 2025 |  | 2024
Revenues | $ | 423,776 |  |  | $ | 416,635 |
Net income (loss) | $ | 4,608 |  |  | $ | (61,071) |

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